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The Glebe, Purleigh, Chelmsford, CM3 6PB - Image 1
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The Glebe, Purleigh, Chelmsford, CM3 6PB - Image 3
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The Glebe, Purleigh, Chelmsford, CM3 6PB

East of England

£450,000
Listed on 18/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1025 sqft

Description

This spacious bungalow, nestled in the desirable village of Purleigh, presents a unique investment opportunity. With three generously sized bedrooms and a welcoming lounge featuring a classic fireplace, the home is well-configured for comfortable living. The stylish kitchen, complete with granite countertops, adds a modern touch, while the large conservatory enhances the usable space and provides picturesque garden views. The extensive outdoor area includes ample parking for more than 10 vehicles and a meticulously kept garden. Additionally, the standout workshop offers significant potential, making it ideal for various ventures such as a home office or creative studio, or even conversion into additional living space (subject to necessary approvals). This property boasts substantial promise and versatility for those looking to invest in a project without immediate onward chain constraints.

Investment Analysis

(CM3 area)

Above Market Value

This property is priced +3.8% above area average per sq ft

+3.8%
This Property
£439/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£476,933
10% above area average per sq ft
Potential ROI
-4.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (CM3)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.5%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on CM3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Glebe, Purleigh, Chelmsford, CM3 6PB
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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